April 16, 2012

Cost of Driving


It was just the other day as my wife and I were driving along in our 1986 Dodge miniVan and we were sitting at a stop light, when one of those new Ford 3/4 4X4 HarleyDavidson limited edition pickups pulled along side us. Now if you are not aware these HD limited editions pickups are very hot pickups... and when it is all tricked out they are very very pricey.

I turned to my wife and told her that we could buy 67 of our vans for the price of that pickup bedside us. She could not believe it when I told her that. I explained that if we bought a different van every year for the $1200 we spend on this one, that we would be over 12o years old before we spent as much money as that truck cost

The point I was making with her is that New cars and trucks are very costly and they go down in value not up. That our van, that we paid less for then 2 months of that pickups payments for, was getting use from point A to point B very nicely, and with no payments and the van was going to be worth what we paid for it as long as it continues to run. Where as a new car or truck goes down in value.

You don't have to drive a 26 y.o Van...but it is economically unwise to dive a new car.. at the least go for a car or truck that is 4 years old...to get the best value..

The main thing is think about what it really costs for that car or truck.

Cheap-O Economics

No comments:

Post a Comment